40-420a. Policy loan interest rates; purpose.

40-420a

Chapter 40.--INSURANCE Article 4.--GENERAL PROVISIONS RELATING TO LIFE INSURANCE COMPANIES

      40-420a.   Policy loan interest rates; purpose.The purpose of this act is to permit and set guidelines for life insurersto include in life insurance policies issued after the effective date ofthis act a provision for periodic adjustment of policy loan interest rates.

      History:   L. 1982, ch. 203, § 1; July 1.